CPI Update 123 - May 2014

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For subscribers, the May 2014 issue of the CPI Update is attached below, and deals with the following cases:

  • Friends Life Ltd v Siemens Hearing Instruments Ltd – the need to comply strictly with the terms of a break option clause;
  • R (applic. of Fox Strategic Land & Property Ltd) v Chorley BC – a developer’s challenge to a CIL charging schedule;
  • Nordic Insulated Doors Ltd v Land Resources – profit sharing in a joint venture arrangement;
  • Yeung v Potel & Summers – an easement to lay new pipes;
  • In the matter of Black Ant Co Ltd (in administration) – what amounts to a further advance with priority?
  • Rashid v Sharif - party fence walls and trespass;
  • E.Surv Ltd v Goldsmith Williams Solicitors – the need to report a “price paid” to a mortgagee client.

In addition, there is coverage of:

  • New EPC amendment regulations;
  • Disclosure of title incumbrances on the sale of land;
  • The rules relating to priority for further advances under mortgages of land;
  • City of London insurance clauses for leases;
  • Various Land Registry Practice Guide updates.

Published on 30 April 2014.